Mortgage Closing Processor

Savings Bank•Circleville, OH

7d•Onsite

About The Position

The Mortgage Closing Processor facilitates all aspects of the closing and post-closing process, for accuracy and completeness.

Requirements

Detail orientated to review information and documents for accuracy.
Demonstrate strong communication and interpersonal skills, collaboration, and organization skills.
Ability to prioritize and effectively manage time to meet deadlines.
Positive attitude in an open, team environment, ability to adapt to change and work with others.
High School diploma or GED equivalent

Nice To Haves

2+ years experience closing and/or processing conventional, FHA, VA and FNMA loans preferred
Knowledge of Reg B (ECOA), Reg C (HMDA), Reg X (TRID) and Reg Z (TILA) preferred
Experience with Mortgage and/or Consuming Lending Software preferred

Responsibilities

Ensure all conditions have been satisfied prior to setting the closing date.
Set the closing date with title companies and borrowers.
Validate all lender and third party fees and disbursements.
Prepare and send closing documents.
Prepare and send closing disclosures and ensure its accuracy based on TRID required wait period.
Understand Bank, investor, agency and government products, programs and services.
Understand and follow Bank policies and procedures.
Communicate closing status with mortgage consultants, realtors, builders and bank partners as needed.
Orders wires and fund loans.
Serve as back-up to Loan Processor to advance loans through the pipeline as needed.
Ensure the property data is complete and accurate and the Note and Security Instrument are compliant with Fannie Mae/Freddie Mac requirements as deliverable documents.
Submit FHA VA case binders for review/approval.
Ensure all closed loans are delivered according to investor lending policies by validating and verifying all information before file delivery; making sure credit and collateral are documented accurately throughout the file and associated systems.
Assist in effectively communicating with investors to satisfy all post-closing and post-purchase audit discrepancies.
Communicate any discrepancies found within a closed loan file with the Mortgage Loan Processor or Loan Officer and coordinate solutions for resolution.
Retrieve all trailing documents from settlement agencies and county clerks' offices, ensure they are in compliance and deliver the investor within required time frames.
Satisfy all internal and external audit requests within required time frames.